Mobile-First Blockchain Celo Launches Stablecoin Tied to Brazilian Real

Why Brazil Is the Big Latin American Bet for Global Crypto Exchanges

“There was a lot of excitement for crypto in Brazil,” Reinsberg said. “But, specifically in the Celo community, we have seen a lot of teams built on Celo, integrated with Celo, using cUSD. From the outset, Brazil was obviously one of the strongest markets in terms of adoption.”

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